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ragtagop.bsky.social

@ragtagop.bsky.social
199 followers 242 following 276 posts
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Jake Grumbach @jakemgrumbach.bsky.social · 09/10/2026
New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854
Taxing Entrepreneurial Wealth: Evidence from
Norway, 2021-2025
Marius A. K. Ring
WORKING PAPER 35854|
DOl 10.3386/w35854
ISSUE DATE October 2026
Whether imposing higher taxes on business owners adversely affects business activity by constraining investment and inducing capitalist flight is a central question in the ongoing debate on how to tax the ultra wealthy. To shed new light, I exploit a series of related Norwegian reforms during 2021-2024 that increased dividend tax rates, removed migration-related capital gains tax loopholes, and nearly doubled the effective marginal tax rate on business wealth. These reforms spurred international debate and, allegedly, an "exodus" of Norwegian billionaires (Financial Times,
2023). While I document clear effects on migration, these responses are concentrated among the top 0.1% of the wealth distribution and mostly confined to 2022 and 2023. My results indicate that at most 100 individuals left due to the reforms. I find no evidence of significant outmigration or reduced inflows of startup founders or inventors. I estimate that absent any outmigration, wealth tax revenues would have increased by 75% from 2021 to 2024. Reform-driven outmigration lowers the revenue gain to 71.5%. My findings further show that outmigrating owners' firms remain economically active and do not reduce investment. In a broader set of analyses, I examine whether business outcomes are affected, regardless of whether owners outmigrate, since firms may reduce investment both due to liquidity constraints or distortions to owners' savings decisions. I compare firms owned by Norwegian individuals subject to the wealth tax with firms owned by foreigners and other tax-exempt entities. By merging historical ownership data from Orbis with the Norwegian shareholder register, I perform these analyses on both Norwegian and foreign-domiciled firms.
Across settings, I find no evidence that Norwegian-owned firms pay out more dividends or invest less after the reforms,…
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ragtagop.bsky.social @ragtagop.bsky.social · 10/10/2026
I should watch It Follows again.
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jaypea but spooky @jaypea.bsky.social · 09/12/2025
Brad Pitt appears to an elderly Jar Jar Binks in the hospital and tells him “Ebberyting ganna besa okeyday” in perfect Gunganese
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Aaron Reichlin-Melnick @reichlinmelnick.bsky.social · 10/10/2026
The NYPD just released surveillance video of the ICE shooting (which occurred off camera). Two men in civilian clothes run up to a car with guns drawn. One second later, one man begins smashing the butt of his gun into the driver’s side window. The driver appears to panic and hit the gas.
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utopia deferred @utopia-defer.red · 10/10/2026
To love, I hate. And my God, do I hate.
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ragtagop.bsky.social @ragtagop.bsky.social · 10/10/2026
While I don't disagree that some of the more experimental stuff could have been left out, it's precisely the odds and ends that seeped into popular culture! Number Nine was an early video card company, every Pixies fan knows of the cover of "Wild Honey Pie," Marvel's Rocket Raccoon is a nod to Rocky
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flyingrodent @flyingrodent.bsky.social · 10/10/2026
I mean yes, they all view the left in general as garbage people, human rubbish that needs to be swept away. I don’t think they could have been more emphatic on that point.
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ragtagop.bsky.social @ragtagop.bsky.social · 10/10/2026
I would say they weren't in the same group chat, but Twitter is the group chat now, and the last ten years of importing British news editors and talking heads by billionaire owners has really curdled the publications they landed in and you can tell.
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flyingrodent @flyingrodent.bsky.social · 10/10/2026
I mean, I laugh but Hadley is correct here: “Does Israel have a right to exist” is what a tiny number of horrible media twunts are roaring at public figures they despise and want to slap down, because they’ve got bored of asking them whether a woman can have a penis.
Hadley Freeman @HadleyFreem... • 7h
"Does Israel have the right to exist?" is the new "What is a woman?"
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Krinn DNZ @krinndnz.bsky.social · 09/10/2026
images that spring to mind unbidden, part 1007: "more hydrogen atoms"
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C.A. Pinkham @eyepatchguy.bsky.social · 10/10/2026
Oh my god
Despite the curiosity generated by his name, local media noted that Hitler Guesclin Alba Sánchez had been elected mayor of Yúngar in 2018.
He reportedly beat rival candidate Lenin Vladimir Rodríguez Valverde after campaigning on the slogan “I'm the good Hitler".
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Will Weldon @oldmanweldon.bsky.social · 10/10/2026
Top ten most foreboding sentence I've ever read.
She had bought raw goat milk from a farm recommended to her in a Facebook group run by her chiropractor
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ragtagop.bsky.social @ragtagop.bsky.social · 10/10/2026
Don't forget that Jerry Springer was on the city council of Cincinnati, and mayor for one year!
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lauren @lauren.rotatingsandwiches.com · 09/10/2026
Me: Hello SharePoint. I would like to upload a series of videos and I would like to display them in a specific order SharePoint: Suck My Dick. Fuck You. Go To Hell
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David S. Bernstein @dbernstein.bsky.social · 09/10/2026
Shot chaser etc
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e.w. niedermeyer @niedermeyer.online · 09/10/2026
The New Yorker gets it: Gibney set out to "solve a mystery" with this film: “How could Musk assume so much power, and why had we given it to him?” The answer: largely through a personal narrative that the film "does an excellent job of expunging." Exactly! www.newyorker.com/culture/the-...
newyorker.com
In “Musk,” Alex Gibney Punctures Elon’s Self-Mythology
“To make this film, I set out to solve a mystery,” Gibney says in the documentary. “How could Musk assume so much power, and why had we given it to him?”
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Dan Davies @dsquareddigest.bsky.social · 09/10/2026
Having grown up in Wales, I can testify that if you are actually worried about your culture and history being under threat, the thing to do is write poetry and songs, perform plays, tell stories and organise festivals, not just sit around whining.
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olive consumer's floating skull @machete.gay · 09/10/2026
The character of American fascism is perpetual victimhood like a sniveling bully who never expected to be punched in the nose. They will double down on this posturing of how tough they are yet also unfairly beset by the hate and harms of their nemeses.
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Asawin Suebsaeng @swin24.bsky.social · 09/10/2026
It would be dangerous and disqualifying to incite hostility, you don’t want people going around shooting at children who didn’t do anything
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Boo-cey Kwiatek 💀 @lucykwiatek.bsky.social · 09/10/2026
Fuck Tisch and fuck anyone defending keeping her on.
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jamelle @jamellebouie.net · 09/10/2026
Given that there is not likely to be a national, bipartisan demand for accountability in the wake of Trump — the major distinction with Nixon — any accountability, civil or criminal, will be a partisan and political project that I think should be pursued as vigorously as possible.
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Sky Marchini @sky.skymarchini.net · 09/10/2026
GOP: 😡 TRANS GIRLS SPORTS BAD Dems: 😤 ur corrupt!!! Libertarian subplot:
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Jo Ingles
@joingles
Breaking - From campaign of Libertarian gov. candidate, Don Kissick. His campaign Mgr, Steve Perkins, says Kissick was shooting a campaign commercial on the Maumee in Toledo this morning and, along w/ others, discovered a dead body there.
4:12 PM · Oct 8, 2026
·
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https://x.com/joingles/status/2108289344721039660?s=46
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bikesforcenturies @theodora2b.bsky.social · 09/10/2026
Finally Sherrod this is the shit my family knew you best for doing. Thank you.
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Sam @samd.bsky.social · 08/10/2026
average socialist mayor: parking mandates are an unfair burden on homebuilders that prevents private market housing construction average urban conservative: I want as much red tape blocking housing as possible because tall buildings hurt my feelings
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Means of Production Recordings @trick-g.bsky.social · 08/10/2026
Bandcamp Daily wrote a nice feature about Pitchblende and the Means of Production remaster and vinyl reissue of our 1993 debut LP, Kill Atom Smasher. Look at the baby faces! daily.bandcamp.com/features/pit...
daily.bandcamp.com
Particle Acceleration: Pitchblende Reclaim Their Legacy
The D.C. quartet approached noise rock with a sense of sublime geekery.
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Jason Koebler @jasonkoebler.bsky.social · 08/10/2026
this is the funniest thing i've seen in a looooong time. city passes new rule allowing prayer before city council meetings. satanist prays. city council then debates proper time to "undo the curse that was just put on our city" www.404media.co/it-is-done-h...
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ragtagop.bsky.social @ragtagop.bsky.social · 08/10/2026
Got a push poll, and brother, if you think my preferred candidate supposedly being more likely to raise taxes is going to dissuade me, I hope the "throw the administration under the jail" response helps you understand my priorities.
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Seamus Blackley @seamus.bsky.social · 08/10/2026
This explains much.
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LitAgate @litagate.bsky.social · 07/10/2026
This was incredibly well written; please give @annaleen.bsky.social a chance to tell you (in better words than I can) what it feels like inside, and after, academia. (And supporting @flaminghydra.com is never a bad option!)
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Reconstructionist @unavaleable.bsky.social · 08/10/2026
its wild how being conservative is just easy mode because some sicko rich dude will throw bags of money at your for next to nothing
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Ben Sailer @bensailer.bsky.social · 07/10/2026
They say headline writing is a lost art but don't tell that to @unwinnable.com, your friendly neighborhood destination for good headlines.
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Gore Vidal Sassoon @jimmyjazz1968.bsky.social · 08/10/2026
Partly, but it’s also because liberal/left wing voters are much less tolerant of it so it gets traction
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Luke O'Neil @lukeoneil47.bsky.social · 08/10/2026
Because all media is rightwing so they forgive or dismiss the real corruption of the right and hammer the supposed corruption on the left.
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Yes On Prop 40 @billionairetaxnow.bsky.social · 07/10/2026
Or so Dracula says. Dracula loves California, so Dracula will try to fight Prop 75 by placing Props 76 and 77 on the ballot to undo Prop 75. #YesOn40 #NoOn41 #NoOn42
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ragtagop.bsky.social @ragtagop.bsky.social · 07/10/2026
Smdh: had to send a Hilux-derivative because we can't make reliable automobiles anymore.
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Mary Gillis @marygillis.bsky.social · 07/10/2026
I wonder what Dee and Frank's subplot was.
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Tressie McMillan Cottom @tressiemcphd.bsky.social · 07/10/2026
I fear that any midterm “mandate” angry voters give them will be squandered on dinner party invites instead of building the accountability regime people are desperate for and are putting their bodies and lives on the line to get.
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DanHELL M. Ford @soundingline.bsky.social · 07/10/2026
This entire damn website
An Achewood Panel where Roast Beef is furiously typing “Sorry I played it huffy on the phone/It’s just that society did my nerves up wretched.”
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sianushka.bsky.social @sianushka.bsky.social · 07/10/2026
Tories damn Labour leader as loveable national treasure whose appeal crosses political divides.
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Chatham Harrison dba TRUMP DELENDUS EST @chathamharrison.bsky.social · 07/10/2026
"Soldier F is David Cleary"
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vanoreo @vanoreo.bsky.social · 07/10/2026
every time i see some liberal fruitlessly try to appeal to donald trump's morality i just think of this
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ryan cooper @ryanlcooper.com · 07/10/2026
conservative Moral Values, folks bsky.app/profile/kyle...
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ryan cooper @ryanlcooper.com · 05/08/2026
Satan worshippers don't like it when you point out that they worship Satan (or Moloch, or the golden calf, etc)
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Bill Corbett @billcorbett.bsky.social · 07/10/2026
Pedocon Theory, as solid as theories get
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That catgirl with The Posts @roodypatooti.bsky.social · 23/08/2026
intactics
"rickrolling is mean" rickrolling is the gentle, kind, prosocial descendant of what we used to do on the internet, which was putting a redirect to goatse in every possible misspelling of a url
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every usps @everylot-usps.bsky.social · 07/10/2026
VERSAILLES: 149 FIELDVIEW DR, VERSAILLES KY 40383-9998
Street View image of post office
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jae (hallowed) @fubarchitect.com · 07/10/2026
watching a society learn that basically no one considers what everyone else does all day "real work" is very interesting and also very depressing
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K. Thor Jensen @kthorjensen.bsky.social · 07/10/2026
nice. Nice!
Letter to the Columbus DIspatch: "We can't let Amy Acton ruin Ohio again"Close of the anti-Amy Acton letter, signed "Michael Standiford, Lancaster"Lancaster, Ohio native Michael Standiford being arrested for pedophilia in 2022
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flyingrodent @flyingrodent.bsky.social · 07/10/2026
So yes, they probably do only need to wait until it’s their turn again, and then they can do whatever mad shit they want. Because that is how the long cycle of British politics works.
Roaring, power-grabbing, wildly destructive right wing revolution
Total fucking catastrophe, economic and
social meltdown
Easily bullied moderate management dickheads tidy up and lock in Tory gains
Roaring, power-grabbing, wildly destructive right wing revolution
Total fucking catastrophe, economic and social meltdown
We are now here
Easily bullied moderate management dickheads tidy up and lock in Tory gains
Roaring, power-grabbing, wildly destructive right wing revolution
Total fucking catastrophe, economic and social meltdown
Easily bullied moderate management dickheads tidv up and lock in Tory gains
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